General Insurance Article - Investment in next generation critical to reinsurance future


Marsh McLennan has called upon the (re)insurance industry to amplify its focus on expanding, developing and diversifying its talent base as it continues to elevate its relevance to clients in an increasingly volatile risk environment.

 Speaking ahead of the opening of the Marsh McLennan Rising Professionals’ Global Forum in London, which this year addresses the theme of ‘Transforming Chaos into Opportunity’, John Doyle, President and CEO, Marsh McLennan, said: “Today’s global environment is increasingly complex. From the geopolitical and economic situation to climate, technology and social risks, our clients increasingly want to be more agile and resilient to future shocks. Insurance and reinsurance are important means to propelling our economy and society forward. As an industry we have a clear responsibility to develop our future leaders to meet these challenges, which is what the Rising Professionals’ Global Forum is all about.”

 Vicky Carter, Chairman, Global Capital Solutions, International, Guy Carpenter, and the Rising Professionals’ initiative, added: “Geopolitical upheaval, climate transition, cyber threats, and economic fragility all create increased uncertainty and volatility. Our industry has a pivotal role to play to enhance resilience in this new era of risk. To meet the challenge, our industry will require a workforce with the talent and skillsets needed for these unique demands. We must inspire the next generation to challenge the status quo and adopt pioneering approaches to risk transfer so the (re)insurance industry continues to transform uncertainty into opportunity.”

 The two-day Forum brings together over 800 of the industry’s next generation of leading talent for a unique market event that provides an opportunity to learn from pioneering figures across the (re)insurance sector and beyond.

 Speakers include Bruce Carnegie-Brown, Chairman, Lloyd’s, Professor Mike Berners-Lee, author of There is No Planet B: A Handbook for the Make or Break Years, and Professor, Lancaster University; Tom Dickinson, CEO, New Energy Risk; Josh Motta, Founder and CEO, Coalition, Greg Jackson, Founder, Octopus Energy; Mark Sedwill, Baron Sedwill of Sherborne GCMG FRGS LLD, Chairman of Geopolitical Advisory, Saudi Arabia, and Supervisory Board Member for Rothschild & Co, Non-Executive Director, Lloyd’s and BAE Systems, and cross-bench member of the House of Lords; David Gillespie, Partner, European Head of Retail Banking and Wealth Management, Oliver Wyman; Mary Portas OBE, Chief Creative Officer and Retail Expert; and Professor Kevin Fong OBE MRCP FRCA FFICM, frontline emergency physician and former NASA doctor, seconded to NHS England COVID-19 Emergency Preparedness Resilience & Response team.

 The two-day event will conclude with a Gala Evening which aims to celebrate the (re)insurance industry’s extraordinary talent. With over 1,000 people attending on the evening, it provides a unique opportunity for CEOs to host those representatives from their organisations who have attended the Forum.
  

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